Gold - Central Banks Increase Their Purchases - Time for you to buy?

[UserNumber112358]

I think Rhodium could be poised to move as well. What's you opinion on it?

Thanks for the videos.

[UTEPKSC]

Silver is far and above the best investment.... If you are reading this, you are using technology that is dependent upon silver. Silver is both a precious metal and and an industrial metal. With stockpiles dwindling of above ground silver, the possession of physical silver will outweigh that of gold. Best part is that it is very cheap right now... less than 20.00 per oz. DO NOT BUY PAPER SILVER OR GOLD!!!!!

[UserNumber112358]

@UTEPKSC - yeah, silver is still a steal at under $20/oz

[CelticReject]

I would suggest little more than a 'small amount of physical gold and silver'. In for a penny, in for a pound I say. I have never been a risk taker. but with precious metals I am prepared to risk almost all of what I have.

[charles98888]

oil is now the real reserve currency of the world...I predict deflation of housing inflation of food and stagflation of wages upsurge in gold silver and grain ...usd the tallest midget in the room after the race to the bottom for a few years then sdrs based on oil metal and grain..a black swan will be a catalyst for negative synergies speeding things up..enjoy your vids barbara

[donniebrasco24]

oil is on its last leg, theres only 30 yrs left of it on earth, nothing will beat gold in this economic crisis...

[TheAntigov]

I also noticed central banks buying gold, new currency backed by gold? I had been investing in silver until I got a deal on a vehical. I will continue after I make it more reliable. My only concern is. Before the housing crash, every other commercial on TV was how to get money out of your home. Now every other commercial is, buy gold. Another crash, this time gold? What would happen to gold prices if the new currency is digital or backed by gold? I think silver has more needs in manufacturing.

[thornlessrose2009]

Awesome as always!,,, Thanks Barbara!

[0muffins0]

The current fiat currency system is coming to an end (39 years must be a fiat currency record), fractional reserve banking has finally, and predictably, buried the banking system in debt, governments are printing trillions to 'save' the economy and we're scraping the bottom of the barrel for what mineral resources are left (peak oil? Peak everything).

I'm just glad that all this is happening in the age of the internet. Mainstream media aren't telling people of what is coming.

[0muffins0]

I meant to mention "BUY GOLD!" in my post. That was what I was angling at.

:)